Property Description
INCREDIBLE CASH-FLOWING PROPERTY !!!! OWNER FINANCING AVAILABLE AT A GREAT INTEREST RATE !!! *8-Unit Multifamily Investment Opportunity in Downtown St. Petersburg!* *Location:* Just minutes from downtown St. Petersburg, this property offers unparalleled access to the city’s vibrant amenities, attractions, and employment opportunities. *Property Highlights:* – 8 spacious units full updated in 2021/2022 (6 units 1 bed , 1 unit 2 beds , 1 unit 3 beds 2 baths) – 11 bedrooms and 9 bathrooms. – Gated front and back yards provide privacy and security – On-site laundry room for added convenience – Beautifully landscaped grounds with ample parking – Strong income potential with most tenants under housing authority programs -800sqft storage on site not cash-flowing at the moment (you can get extra money on renting it. $500/600 monthly even more if you split it) or convert it in extra bedrooms , it is already considered heated sqft. *Financial Highlights:* – Monthly income $13,420 – Gross Annual Income: $161,020+ – Net Operating Income (NOI): $123,900+ – Cap Rate: 7.3 % – Average Rent per Unit: $1,677 OWNER FINANCING AVAILABLE AT A GREAT INTEREST RATE !!! *Additional Features:* – Individual unit meters for electricity and water – Security cameras and motion-sensitive lighting – Close proximity to public transportation, shopping, and dining *Don’t miss out on this exceptional opportunity to own a cash-flowing multifamily property in one of St. Petersburg’s most growing neighborhoods next to Downtown!*
Features
: Wall Units / Window Unit
: Wall/Window Unit(s)
: Lighting, Balcony, Storage, Private Mailbox, Rain Gutters, Sidewalk, Courtyard, Fence
: Ceiling Fans(s), Thermostat
: Common Area, Laundry Room, Outside
: Public Sewer
: Electricity Connected, Water - Multiple Meters
Address Map
US
FL
Pinellas
Saint Petersburg
SCHOOLEYS HOMEVILLE
33705
7TH
2025
STREET
W83° 21' 26.7''
N27° 45' 0''
Head south on 4th St S toward I-175 W Pass by Taco Bell (on the right in 0.7 mi) ? 0.9 mi Turn right onto 18th Ave S ? 0.2 mi Turn left onto 7th St S ? 0.2 mi Turn right Destination will be on the left ? 98 ft 2025 7th St S St. Petersburg, FL 33705
33705 - St Pete
S
Additional Information
101x125
: Public
1699000
2024-07-01
8
: Concrete Perimeter, Crawlspace
: Block, Stucco
5882
Financial
14298.28
Listing Information
260048159
260031832
Canceled
2024-11-12T04:09:07Z
Stellar
: None
2024-11-12T04:08:33Z

Residential Income For Sale

2025 7th St S, Saint Petersburg, Florida 33705

11 Bedrooms
9 Bathrooms
4,632 Sqft
$1,649,000
Listing ID #U8248112
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : U8248112
Price : $1,649,000
Bedrooms : 11
Bathrooms : 9
Square Footage : 4,632 Sqft
Year Built : 1949
Lot Area : 0.28 Acre
Property Sub Type : Multi-Family
Roof : Other
Agent info
Contact Agent

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